Framework awards appear to reward poor payment practice

NFB has reacted to the Government’s recent announcement of the successful contractors to win places on the £30bn framework for public sector construction. Chief Executive, Richard Beresford, commented:

“What’s disappointing is that despite the Government knowing how late payment can seriously damage smaller businesses, as many NFB members will testify, these awards show that late payers are still winning public sector contracts. With small businesses paying the price for the Government’s inaction, the Crown Commercial Service must ensure that that it champions best practice and doesn’t give late payment another free pass.

“Despite small and medium-sized enterprises training four in five construction apprentices, being the UK’s predominant rural employers and making up 99% of the construction industry, only 44% of contract winners were SMEs. While this is an improvement on recent years, with seven lots still to be awarded, the Government must do more to make sure a greater number of construction SMEs are able to compete for work.”

National Federation of Builders

The National Federation of Builders is a United Kingdom trade association representing the interests of small and medium-sized building contractors in England and Wales.

You May Also Enjoy

Letting Agent Talk

What can I do as a landlord to ‘future-proof’ my business?

Here Allison Thompson, National Lettings Managing Director, Leaders Romans Group gives some pointers on how to future proof your lettings investments.   What can I do as a landlord to ‘future-proof’ my business? Buy-to-let is a medium to long-term investment. To maximise your returns and see the benefit of capital gains – allowing for the market’s…
Read More
Rightmove logo
Breaking News

Woodbridge in Suffolk crowned happiest place to live

  Woodbridge in Suffolk has topped Rightmove’s annual list of the happiest places to live in Great Britain for the first time The study, now in its 13th year, was completed by over 35,000 people across Great Britain, and asked residents how they feel about a number of factors in their area The London borough…
Read More
Estate Agent Talk

2025 Predictions for Residential Property Investment

Andy Jones, Group Director of Corporate & BTR at Leaders Romans Group (LRG), thinks that 2025 is set to be a good year for residential property investment.   Government support for increased professionalism in the rental sector Fortunately for property investment, the government’s political ambition – and self-imposed, non-negotiable target – of delivering 1.5 homes this…
Read More
New Build for Merseyside
Estate Agent Talk

2025 Must be the Year that the Government Supports Shared Ownership

Peter Hawley, Director of SOWN, (part of Leaders Romans Group) thinks the government needs to support shared ownership in 2025.   One of the greatest omissions from October’s Budget was support for first time buyers – in fact we saw the reverse: 5% more Stamp Duty on properties priced between £300,001 and £500,000 and a…
Read More
Breaking News

Dangerous Cladding – Questions raised by Remediation Acceleration Plan

The government has published its Remediation Acceleration Plan, and pledges that dangerous cladding will be fixed on all high-rise buildings on Government schemes within the next five years. The plan sets out that by the end of 2029, all buildings over 18 metres tall – defined as high-rise – with unsafe cladding that are on a Government…
Read More
Estate Agent Talk

Nationwide data showing house prices rose – Thoughts from the Industry

The latest Nationwide data showing house prices rose at much higher pace than expected at 1.2%. Here are some thoughts from the property industry.   Daniel Austin, CEO and co-founder at ASK Partners: “We continue to see a month-on-month rise in house prices, which is hopefully the sign of an upward trend developing for the…
Read More